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Vendor management: The key to productive partnerships

CIO Business Intelligence

What is vendor management? Vendor management helps organizations take third-party vendor relationships from a passive business transaction to a proactive collaborative partnership. While working with IT vendors can help ease the burden on IT, it also raises concerns, especially around data, risk, and security.

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Many CIOs are better equipped to combat rising IT costs. Are you?

CIO Business Intelligence

Inflation may have dropped from its high in 2022, but the price pressures on IT budgets have continued unabated. Forty-one percent of the CIOs in the survey said they’ve changed their cycle for revisiting IT budgets to at least every month, says Tony Olvet, IDC’s VP of worldwide C-suite and digital business research. Here’s how.

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10 highest-paying IT jobs

CIO Business Intelligence

The demand for specialized skills has boosted salaries in cybersecurity, data, engineering, development, and program management. 1. IT management It’s no surprise that IT executive positions earn some of the highest average salaries, with Dice reporting an average yearly salary of $164,814 in 2022 — an 8.4%

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10 hottest IT jobs for salary growth in 2023

CIO Business Intelligence

As companies vie for talented tech workers to meet skills gaps in their organizations, the demand for certain tech roles has increased. This demand has driven up salaries for IT roles, especially those around development, engineering, and support. Average salary: US$120,653 Increase since 2021: 15.6%

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10 best practices when partnering for strategic skills

CIO Business Intelligence

For the more specialized IT needs, there just aren’t enough people to meet the demand,” says Michael Manos, CTO of Dun & Bradstreet. IT leaders must rigorously assess their partners’ talent management and development strategies, build greater trust and transparency into the relationships, and invest in greater partner governance.

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5 ways to maximize your cloud investment

CIO Business Intelligence

No IT organization wants to get caught short on processing or storage resources that could negatively affect operations, or have to suddenly add resources that exceed the budget. In this way, you can take advantage of the cloud’s agile, on-demand approach with unlimited capacity without breaking the budget. Then there’s housekeeping.

Cloud 124
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8 strategies for accelerating IT modernization

CIO Business Intelligence

That’s not hyperbole: TEKsystems’ 2024 State of Digital Transformation report found that 53% of organizations classified as digital leaders are confident that their digital investments will meet expected ROIs. Digital Transformation, Enterprise Applications, IT Strategy, Software Development

Strategy 140